Croatia, Ciovo - Apartments in new building with sea view
- Swimming pool
- Sea view
- Parking
- New build
- It has an Energy Certificate
Smaller residential building without an elevator under construction, with planned completion in June 2021, it consists of a total of five apartments, four smaller apartments (two per floor) and one penthouse.
It is located in a quiet part of Ciovo, about 500m away from the sea or pebble beach.
Smaller apartments are approx. 80 m2, and consist of three bedrooms, two bathrooms, living room with kitchen and dining room with exit to the loggia of approx. 15 m2 and less storage. They have a partial sea view. The price per apartment is 180 000 EUR, and it includes two outdoor parking spaces.
The penthouse consists of the entire top floor of the building, and the living area is approx. 160 m2 with loggias + terrace of approx. 100 m2 at a price of 420000 EUR. It consists of three bedrooms, three bathrooms, pantry, living room with kitchen and dining room.
The last floor has a phenomenal open sea view.
The building is being built according to the highest construction standards, all apartments will have underfloor heating, electric aluminum shutters, quality ceramics and sanitary ware.
Ciovo (pronounced [tʃîɔv̞ɔ]; Italian: Bua) is a small island located off the Adriatic coast in Croatia with an area of 28.8 square kilometres (11.1 sq mi) (length 15.3 km (9.5 mi), width up to 3.5 km (2.2 mi)),[1] population of 6,071 inhabitants (2001) and its highest peak is 218 m (Rudine). Click for more
FAQ
These are questions and answers on some frequently asked questions about real estate in Croatia, for any other questions feel free to contact us or come to our office and we will be glad to help you.
1. Can foreign nationals buy real estate in Croatia?
Foreign nationals belonging to EU Member States can purchase real estate in the same way as Croatian nationals. Foreign nationals belonging to non-EU countries can purchase real estate in Croatia with cumulatively fulfilled two conditions: reciprocity agreement with the Republic of Croatia and consent of the Ministry of Justice.
2. What is the real estate tax in the Republic of Croatia?
The Republic of Croatia has a unique real estate tax rate of 3%. The amount of tax is determined on the basis of the price from the contract of sale and the assessment of the competent tax administration. According to the law, the buyer pays tax on the received solution only once.
3. What is the tax on real estate swap?
The tax is also 3%, so each property owner pays 3% of the estimated value of the property for the new property when swapping.
4. In what time span real estate sales tax must be paid?
The tax liability arises at the time of the conclusion of the contract or other legal transaction that acquires the real estate. The notary is obliged to submit one copy of the document to the Tax Administration within 30 days from the signature on the sale documents. The taxpayer is obliged to pay the determined tax within 15 days from the delivery of the decision on determining the real estate sales tax.
5. What is a down payment and how much is it?
A down payment is an insurance that the buyer pays to the seller as a sign that the contract has been concluded and a certainty that the obligation will be fulfilled. In practice, the down payment is given on the Pre-contract and is usually 10% of the agreed purchase price. In case of fulfillment of the contract, the down payment is calculated in the total amount of the agreed purchase price.
6. Can the amount of real estate purchase be paid in foreign currency?
In principle, no. Every sale in the Republic of Croatia must be paid in EURO. If a foreign currency payment is made, the bank will convert it to EURO.
7. Is it possible to conclude and certify a contract of real estate sale abroad?
Yes, if it is a citizen of the Republic of Croatia then it is best to certify the contract with our diplomatic mission. If it is a foreign national then with the notarization of the purchase contract with a public notary, the Apostille of public document issued in that state is required.